Unable To Reconcile IAC With GL As Journals Post To Period Of Sysdate
Last updated on JULY 18, 2016
Applies to:Oracle Public Sector Financials (International) - Version 12.0.5 and later
Information in this document applies to any platform.
IAC Inflation Accounting Revaluation journals are created with an incorrect Gl date/event date.
This is getting assigned as the sysdate (ie. the date on which the revaluation was actually run) and posting to the GL period corresponding to that sysdate.
Expect that the Inflation Accounting journal should post into the period corresponding to the actual Oracle Assets period.
Steps to Reproduce
1. Add an asset to an IAC book.
2. Enter an indexed revaluation, preview & run.
3. Run Create Accounting & find the entry posts to the wrong Gl date.
IAC journals post into incorrect periods which often may be closed.
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